Bank of England presses pause on rate cuts, highlights ‘gradual approach’
LONDON — The Bank of England on Thursday said it would hold interest rates steady following its initial cut in…
Former EU Brexit negotiator Michel Barnier named new French prime minister
French President Emmanuel Macron has named Michel Barnier, the European Union’s former Brexit negotiator, as prime minister in a bid…
Euro zone inflation falls to 3-year low of 2.2%, backing September rate cut case
Euro zone inflation dropped to a three-year low of 2.2% in August, flash figures from statistics agency Eurostat showed Friday,…
British tech entrepreneur Mike Lynch and Morgan Stanley’s Bloomer retrieved from yacht wreckage
LONDON — The body of British technology entrepreneur Mike Lynch, 59, has been retrieved from the wreckage of a yacht…
UK economy expands 0.6% in second quarter; June growth stalls
The U.K. economy grew by 0.6% in the second quarter of the year, the Office for National Statistics said Thursday,…
Euro zone inflation rises to 2.6% in July, above expectations
Headline inflation in the euro zone unexpectedly rose to 2.6% in July, the European Union’s statistics agency said Wednesday, even…
Euro zone’s economy grew 0.3% in second quarter, above expectations despite German contraction
The euro zone’s economy grew by more than expected in the second quarter of 2024, flash figures from the European…
UK finance chief says public finances show $28 billion spending hole, cuts road and rail projects
Britain’s Finance Minister Rachel Reeves on Monday announced a raft of project cuts after detailing how the newly elected Labour…
UK inflation holds steady at Bank of England’s 2% target, above expectations
U.K. inflation held steady at the Bank of England’s 2% target in June, Official National Statistics data showed Wednesday. The…
France’s left-wing coalition thwarts far right in parliamentary run-off vote
France’s left-wing New Popular Front coalition on Sunday unexpectedly thwarted a far-right advance, clinching the largest number of seats but…
